supporting the business strategy with a robust leadership ... › › resource › resmgr ›...

26
Copyright 2013 Corporate Performance Strategies, Inc. All rights reserved. Supporting the Business Strategy with a Robust Leadership Pipeline SHRM-Atlanta HR Conference April 2013 David Brookmire, Ph.D. President, Corporate Performance Strategies Don Thriffiley, SPHR SVP Human Resources, Flowers Foods

Upload: others

Post on 07-Jul-2020

0 views

Category:

Documents


0 download

TRANSCRIPT

Page 1: Supporting the Business Strategy with a Robust Leadership ... › › resource › resmgr › i… · acquisition and development of talent for key roles hi Greater collaboration

Copyright 2013 Corporate Performance Strategies, Inc. All rights reserved.

Supporting the Business Strategy with a Robust Leadership Pipeline

SHRM-Atlanta HR Conference April 2013

David Brookmire, Ph.D.

President, Corporate Performance Strategies Don Thriffiley, SPHR

SVP Human Resources, Flowers Foods

Page 2: Supporting the Business Strategy with a Robust Leadership ... › › resource › resmgr › i… · acquisition and development of talent for key roles hi Greater collaboration

Agenda

• Talent Management Best Practices • Flowers Foods Case • Applications • Wrap-up

Copyright 2013 Corporate Performance Strategies, Inc. All rights reserved. 2

Page 3: Supporting the Business Strategy with a Robust Leadership ... › › resource › resmgr › i… · acquisition and development of talent for key roles hi Greater collaboration

How would you rate your talent management effectiveness?

1. Very ineffective 2. Ineffective 3. Competitive 4. Highly Effective 5. Best Practice

Copyright 2013 Corporate Performance Strategies, Inc. All rights reserved. 3

Page 4: Supporting the Business Strategy with a Robust Leadership ... › › resource › resmgr › i… · acquisition and development of talent for key roles hi Greater collaboration

How did leaders rate talent management effectiveness?

1. Very ineffective 2. Ineffective 3. Competitive 4. Highly Effective 5. Best Practice

Copyright 2013 Corporate Performance Strategies, Inc. All rights reserved. 4

Page 5: Supporting the Business Strategy with a Robust Leadership ... › › resource › resmgr › i… · acquisition and development of talent for key roles hi Greater collaboration

Talent Management Process

Phase I

Phase II

Phase III

Copyright 2013 Corporate Performance Strategies, Inc. All rights reserved. 5

Business Alignment

• Linkage to business

• CEO and senior leader involvement

HR Functional Excellence

• Leadership Strategy

• Broadcasting competencies

• Multi-faceted talent assessments

• Rigorous management of talent

Implementation

• Multiple methods of leadership development

• Accountability

• Tracking key metrics

Phase I Phase II Phase III

Page 6: Supporting the Business Strategy with a Robust Leadership ... › › resource › resmgr › i… · acquisition and development of talent for key roles hi Greater collaboration

Vision Become the

#1 Brand around the globe for specialty products.

Strategy Improve brand

recognition and execution.

Look for

acquisitions in areas to help diversify our

products.

Implement continuous

improvement in our manufacturing

facilities.

Upgrade our talent and build sufficient

bench strength.

Eliminate our long-term debt

requirements.

Invest in the infrastructure to support planned

growth.

Leadership Strategy

Leaders need to

develop M&A core competencies

Must create a culture

of continuous improvement

Accelerate the acquisition and development of

talent for key roles

Greater collaboration among leaders to

bring new initiatives to market faster

Need culture change to innovative vs. risk-

averse

HR Initiatives

Strategic Succession

plans, integrated

talent programs

Tactical Workforce planning and restructuring,

performance management, hi po training

Foundation Introduce new technology

platform, U.S. policies on talent movement, hire CLO

Copyright 2013 Corporate Performance Strategies, Inc. All rights reserved. 6

Linking HR with the Business

Page 7: Supporting the Business Strategy with a Robust Leadership ... › › resource › resmgr › i… · acquisition and development of talent for key roles hi Greater collaboration

CEO Involvement

How many days per year does your CEO spend in talent development?

• 0 - 2 days per year • 3 – 5 days per year • 6 – 9 days per year • 10 – 15 days per year • 16+ days per year year

Copyright 2013 Corporate Performance Strategies, Inc. All rights reserved.

7

Page 8: Supporting the Business Strategy with a Robust Leadership ... › › resource › resmgr › i… · acquisition and development of talent for key roles hi Greater collaboration

Leadership Strategy

Copyright 2013 Corporate Performance Strategies, Inc. All rights reserved. 8

Leadership Strategy

Quantity of leaders needed

Qualities desired in selection

Competencies needed to

implement the business strategy

& create the desired culture

Collective leadership capabilities

Desired leadership culture

Page 9: Supporting the Business Strategy with a Robust Leadership ... › › resource › resmgr › i… · acquisition and development of talent for key roles hi Greater collaboration

Broadcast Competencies

Copyright 2013 Corporate Performance Strategies, Inc. All rights reserved. 9

Teamwork

• Subordinates personal goals to those of the team.

• Actively participates in team activities.

• Supports, not competes, with team members.

• Willingly offers to help others without waiting to be asked.

• Shares credit with others.

• Identifies with the team and is proud to be known as a team member.

Page 10: Supporting the Business Strategy with a Robust Leadership ... › › resource › resmgr › i… · acquisition and development of talent for key roles hi Greater collaboration

Multi-faceted Assessments

Copyright 2013 Corporate Performance Strategies, Inc. All rights reserved. 10

Page 11: Supporting the Business Strategy with a Robust Leadership ... › › resource › resmgr › i… · acquisition and development of talent for key roles hi Greater collaboration

Exce

eds

Expe

ctat

ions

M

eets

Ex

pect

atio

ns

Doe

s N

ot M

eet

Exp

ecta

tions

Leadership behaviors - the “How”

Rigorously Manage Performance

Copyright 2013 Corporate Performance Strategies, Inc. All rights reserved. 11

Seasoned pros

Does Not Meet Expectations

Meets Expectations

Exceeds Expectations

Leadership issue / future

top-grading possibilities

Top talent

Top-grading priorities

Page 12: Supporting the Business Strategy with a Robust Leadership ... › › resource › resmgr › i… · acquisition and development of talent for key roles hi Greater collaboration

How Leaders Develop

Copyright 2013 Corporate Performance Strategies, Inc. All rights reserved. 12

Experience • Full job change • Job restructure based on

development needs

Exposure • Special projects and assignments

Feedback & Coaching

• 360 feedback and executive coaching • Coaching by a skilled manager

Education & Training

• Motivated self-development • Classroom training

Val

ue

CCL Research

Page 13: Supporting the Business Strategy with a Robust Leadership ... › › resource › resmgr › i… · acquisition and development of talent for key roles hi Greater collaboration

Individual Leader

Effectiveness

Leading Effective Teams

Leading Effective

Organizations

Exposure and Assignments

Coaching

High Potential Development

Copyright 2013 Corporate Performance Strategies, Inc. All rights reserved. 13

Page 14: Supporting the Business Strategy with a Robust Leadership ... › › resource › resmgr › i… · acquisition and development of talent for key roles hi Greater collaboration

Senior Leader Accountability

Copyright 2013 Corporate Performance Strategies, Inc. All rights reserved. 14

Promotable Seasoned Pro Hold in Place Too New Manage Out

Page 15: Supporting the Business Strategy with a Robust Leadership ... › › resource › resmgr › i… · acquisition and development of talent for key roles hi Greater collaboration

Track Key Metrics

Results • 90+% of positions with strong back-ups

• 95+% retention of top performers

Process • Development plans in place for all leaders

• 100% of low performers on improvement plans

15

Copyright 2013 Corporate Performance Strategies, Inc. All rights reserved.

Page 16: Supporting the Business Strategy with a Robust Leadership ... › › resource › resmgr › i… · acquisition and development of talent for key roles hi Greater collaboration

Flowers Foods Case Study

16 Copyright 2013 Corporate Performance Strategies, Inc. All rights reserved.

Page 17: Supporting the Business Strategy with a Robust Leadership ... › › resource › resmgr › i… · acquisition and development of talent for key roles hi Greater collaboration

Flowers Foods Overview

• Flowers Foods is the nation’s second largest baking company with proven growth strategies and a culture of excellence

• NYSE: FLO IPO 1968, NYSE since 1982 • Founded in 1919 • Headquartered in Thomasville, GA • 9,950 associates • 4,850 DSD territories with access to more than 70% of U.S.

population • 44 highly efficient bakeries • 2011 sales growth of 7.8% to $2.8B • Annualized sales of approximately $3B

17 Copyright 2013 Corporate Performance Strategies, Inc. All rights reserved.

Page 18: Supporting the Business Strategy with a Robust Leadership ... › › resource › resmgr › i… · acquisition and development of talent for key roles hi Greater collaboration

Background

• Flowers Foods has a long history and tradition of developing great leaders

• Demonstrated by our promote from within philosophy

• Needed to move from informal to a more formal leadership development process

• Growth requires a scalable and consistent process to continue our tradition of leadership development

• Used available leadership development processes and tools to help ensure success

18 Copyright 2013 Corporate Performance Strategies, Inc. All rights reserved.

Page 19: Supporting the Business Strategy with a Robust Leadership ... › › resource › resmgr › i… · acquisition and development of talent for key roles hi Greater collaboration

Evolution of Leadership Development in Flowers Foods

Launched leadership

development bench

process with Top Team

Launched leadership

development bench

process with Key

Executives

Launched program to

Plant Presidents and Vice

Presidents

Launched program to Department

Heads

Continued program to

High Potentials

and introduced technology

Talent Management

full automation strategy and

actions

2007 2008 2010 2011 2012 2013

Copyright 2013 Corporate Performance Strategies, Inc. All rights reserved. 19

Page 20: Supporting the Business Strategy with a Robust Leadership ... › › resource › resmgr › i… · acquisition and development of talent for key roles hi Greater collaboration

Aligning Succession Planning with Business Imperatives

20

• Strategic Leadership • Achieving Results • Personal Leadership • Interpersonal Skills • Personal Capabilities • Team Effectiveness

Examples

Focus on the needs of retail customers

Develop brand strength and products that meet consumers’ and customers’ needs

Invest in facilities and people

Grow through acquisitions

Encourage an atmosphere that builds teamwork and embraces diversity

To increase the value of

the company

Vision

Strategic Objectives Leadership Competencies

Guiding Principles

Examples • Quality

• Service

• Excellence

Copyright 2013 Corporate Performance Strategies, Inc. All rights reserved.

Page 21: Supporting the Business Strategy with a Robust Leadership ... › › resource › resmgr › i… · acquisition and development of talent for key roles hi Greater collaboration

Leadership Bench Process

21

Business Buy-in

Competency Requirements

Participant Selection

Assessment and Feedback

Development Planning

Coaching and Assignments

Copyright 2013 Corporate Performance Strategies, Inc. All rights reserved.

Page 22: Supporting the Business Strategy with a Robust Leadership ... › › resource › resmgr › i… · acquisition and development of talent for key roles hi Greater collaboration

Lessons Learned

• Business owns talent management, not HR

• Continually evolves, not a point in time

• Buy-in from executive team essential to success

• Important to pick the right competencies

• Technology enables success

• Development planning and coaching important to drive leadership changes

22 Copyright 2013 Corporate Performance Strategies, Inc. All rights reserved.

Page 23: Supporting the Business Strategy with a Robust Leadership ... › › resource › resmgr › i… · acquisition and development of talent for key roles hi Greater collaboration

Wrap-up

• HR can get their “seat at the table” with a compelling business proposition

• Seek out best practice companies and learn what they are doing

• Start out small with some wins and expand

• Employ technology to enable the talent management process

23

1 Copyright 2013 Corporate Performance Strategies, Inc. All rights reserved.

Page 24: Supporting the Business Strategy with a Robust Leadership ... › › resource › resmgr › i… · acquisition and development of talent for key roles hi Greater collaboration

Where to begin……

Future state – What does your business plan require in terms of

numbers of new leaders and types of leaders? What happens in an emergency?

Current state – What do you really have on your bench? How are they getting groomed and prepared to lead? What are your successes and key challenges?

Game plan – What 4-5 specific actions steps, timelines and

accountabilities will protect the assets of your company?

24 Copyright 2013 Corporate Performance Strategies, Inc. All rights reserved.

Page 25: Supporting the Business Strategy with a Robust Leadership ... › › resource › resmgr › i… · acquisition and development of talent for key roles hi Greater collaboration

Application

1. What is the key learning point (or points) for you from this session?

2. What are your initial ideas regarding fit and implementation issues?

3. What are your first thoughts relating to the risk and rewards of this effort?

4. What are the next steps for you to take?

25 Copyright 2013 Corporate Performance Strategies, Inc. All rights reserved.

Page 26: Supporting the Business Strategy with a Robust Leadership ... › › resource › resmgr › i… · acquisition and development of talent for key roles hi Greater collaboration

Contact Us

Please provide feedback, suggestions, and questions.

Dave Brookmire, Ph.D. 404-593-5001

[email protected]

Don Thriffiley, SPHR 229-227-2260

[email protected]

26 Copyright 2013 Corporate Performance Strategies, Inc. All rights reserved.